We have just posted our weekly news trading calendar for the week of Jan 20, 2020. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
Here’s what we are looking for in tomorrow’s economic reports (January 20, 2020) — Good Luck Trading!
1. Bank of Japan Rate Decision (00:00 ET) No Trade — No changes expected from the BoJ. Rate changes best traded reactively
Here’s what we are looking for in tomorrow’s economic reports (January 17, 2020) — Good Luck Trading!
1.Chinese Q4 GDP, Retail Sales & Industrial Production (21:00 ET) No Trade — Chinese data is difficult to predict but can be very market moving
2. ECB Current Account (04:00 ET) Bullish EUR — Potential upside surprise given stronger French and German data
3. UK Retail Sales (04:30 ET) Bullish GBP — Potential upside surprise given sharp rise in BRC retail sales but the forecasts are high
4. EZ CPI (05:00 ET) No Trade — Revisions are difficult to predict but changes can be important
5. US Building Permits and Housing Starts (08:30 ET) Bearish USD — Housing activity expected to weaken towards year end
6. US University of Michigan Consumer Sentiment Index (10:00 ET) Bearish USD — Iran-US tensions are expected to dampen sentiment
Here’s what we are looking for in tomorrow’s economic reports (January 16, 2020) — Good Luck Trading!
1. US Retail Sales (08:30 ET) Bullish USD — Wage growth slowed in December but holiday shopping was very strong
2. NZ PMI Manufacturing (16:30 ET) Bullish NZD — NZD data has been relatively good
Here’s what we are looking for in tomorrow’s economic reports (January 15, 2020) — Good Luck Trading!
1. UK CPI (04:30 ET) Bearish GBP — Potential downside surprise despite smaller decline in BRC shop prices, price growth continues to be soft
2. EZ Trade Balance and Industrial Production (05:00 ET) No Trade — Mixed EZ data. Stronger GE IP, but weaker FR IP. Weaker GE & FR Trade
3. US CPI (08:30 ET) Bearish USD — Potential downside surprise given weaker US CPI
Here’s what we are looking for in tomorrow’s economic reports (January 14, 2020) — Good Luck Trading!
1. Chinese Trade Balance (00:00 ET) No Trade — Chinese data is notoriously difficult to predict but can be very market moving
2. US Consumer Price Index (08:30 ET) No Trade — Gas prices declined in December but factory prices were on the rise
Here’s what we are looking for in tomorrow’s economic reports (January 12, 2020) — Good Luck Trading!
1. UK GDP, Industrial Production & Trade Balance (04:30 ET) Bearish GBP — Potential downside surprise given sharp drop in manufacturing PMI and retail sales
We have just posted our weekly news trading calendar for the week of Jan 12, 2020. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
Here’s what we are looking for in tomorrow’s economic reports (January 10, 2020) — Good Luck Trading!
1. AU PMI Services & Retail Sales (16:30 & 19:30 ET) Bullish AUD — Potential upside surprise given rise in PMI manufacturing index
2. UK GDP, Industrial Production & Trade Balance (04:30 ET) Bearish GBP — Potential downside surprise given sharp drop in manufacturing PMI and retail sales
3. US Non-Farm Payrolls (08:30 ET) No Trade — Pullback expected. Non-farm payrolls is difficult to predict but will be very market moving
4. Canadian Employment Report (08:30 ET) No Trade — Should rebound after last month’s sharp drop in jobs but IVEY fell significantly. What makes this a challenge to call is that the employment component increased
Here’s what we are looking for in tomorrow’s economic reports (January 9, 2020) — Good Luck Trading!
1. AU Trade Balance (21:30 ET) Bullish AUD — Potential upside surprise given rise in PMI manufacturing index
2. Chinese Inflation Data (20:30 ET) No Trade — Chinese is hard to predict but market moving
3. German Trade and Current Account Balance (02:00 ET) Bearish EUR — Potential downside surprise given lower German manufacturing PMI index
Here’s what we are looking for in tomorrow’s economic reports (January 8, 2020) — Good Luck Trading!
1. EZ Confidence Numbers (05:00 ET) Bullish EUR — Stronger German IFO report and ZEW but GfK confidence lower
2. ADP Employment Change (08:15 ET) No Trade — ADP is hard to predict but market moving
Here’s what we are looking for in tomorrow’s economic reports (January 7, 2020) — Good Luck Trading!
1. EZ Retail Sales & CPI (05:00 ET) No Trade — Weaker FR spending but German data released after EZ. CPI should be stronger given rise in Germany
2. CAD Trade Balance (08:30 ET) No Trade — IVEY released on same day as trade
3. US ISM Non-Manufacturing and Trade Balance (8:30 & 10:00 ET) Bearish USD --Significantly weaker ISM manufacturing
4. CAD IVEY PMI (10:00 ET) Bearish CAD --Sharp drop in mfg sales. BoC cautiousness
